$1,185,000
SOLD MAR 17, 2021
-- Bed
-- Bath
3,322 Sq Ft
0.43 Acres

Recently Sold

$357 Per Sq Ft

15% Below List Price

26 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • View of Trees or Woods
  • Wells Junior High School Rated A-
  • Spa
  • Deck

About This Home

As of April 2022

The Ogunquit Inn is a charming 7 bedroom, 7 bathroom Victorian located in the southern Maine community of Ogunquit. The Ogunquit Inn is currently being used as a Bed & Breakfast and dates back to the late 1800's, when it served as the first school house for the Village of Ogunquit. Included with the sale of The Ogunquit Inn are two seasonal cottages that are located directly behind the inn. 1 cottage (The Sand Dollar) offers 2 bedrooms, 1 full bathroom/ small kitchen. The other cottage is a studio (The Sand Piper). Conveniently located one hour north of Boston Massachusetts, one hour south of Portland, Maine or one hour northeast of Manchester, New Hampshire- Ogunquit offers a 3 1⁄2 mile white sand beach, the picturesque harbor of Perkins Cove, countless restaurants and art galleries, gift shops, the renowned Ogunquit Playhouse and several fine golf courses nearby. Centrally located, the inn is just a 5-minute walk to the Village Center, beautiful Ogunquit Beach and Ogunquit's dining & nightlife venues.

Last Agent to Sell the Property

Kyle Mango

RE/MAX Realty One Listed on: 01/05/2021

Last Buyer's Agent

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,990

Year Built

  • Built in 1880

Lot Details

  • 0.43 Acre Lot
  • Public Beach
  • Landscaped
  • Corner Lot
  • Wooded Lot
  • Suitable for Bed and Breakfast

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Shower Only
  • 3,322 Sq Ft Home
  • 1-Story Property
  • Views of Woods

Flooring

  • Wood
  • Carpet
  • Laminate

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Spa
  • Nearby Water Access
  • Deck

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heat Pump System

Community Details

  • Property has a Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Legal Lot and Block 001 / 026
  • Assessor Parcel Number OGUN-000007-000026-000001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,990

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.43
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3322.0
  • Architectural Style: Bed & Breakfast, Victorian
  • Garage Yn: No
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.43
  • Property Information:SqFt Finished Above Grade: 3322.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Location Information:Fee Frequency Paid: Annually
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Location:Near Railroad: Yes
  • Amenities:Hot Tub: Yes
  • Style:Bed Breakfast: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Private Spa: Yes
  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, One-Floor Living, Shower, Storage
  • Full Basement: Yes
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Corner Lot, Landscaped, Wooded, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, Off Street

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18730.8
  • Parcel #: OGUN-000007-000026-000001
  • Zoning: GBD2

Tax Info

  • Tax Annual Amount: 4990.0
  • Tax Block: 026
  • Tax Book Number: see internal remarks
  • Tax Lot: 001
  • Tax Map Number: 007
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Apr 13, 2022
Sold by
17 Glen Ave Ogunquit Llc
Bought by
Alex Carrier Llc
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Kyle Mango
RE/MAX Realty One
List Price
$1,595,000
Sold Price
$1,350,000
Premium/Discount to List
-$245,000
-15.36%
Current Estimated Value
$1,610,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,819
Avg. Annual Appreciation
4.93%
Original Mortgage
$1,080,000
Outstanding Balance
$1,018,222
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$564,846

Purchase Details

Listed on
Feb 18, 2022
Closed on
Apr 1, 2022
Sold by
17 Glen Ave Ogunquit Llc
Bought by
Corrigan Ogunquit Llc
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Kyle Mango
RE/MAX Realty One
List Price
$1,595,000
Sold Price
$1,350,000
Premium/Discount to List
-$245,000
-15.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Outstanding Balance
$1,018,222
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$564,846

Purchase Details

Closed on
Sep 12, 2017
Sold by
Mayer Lawrence M and Mayer Judith A
Bought by
Ogunquit Inn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2015
Sold by
Mayer Judith A and Mayer Lawrence M
Bought by
Agri Jr Francis R and Agri Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,350,000 None Available
Warranty Deed $1,350,000 None Available
Warranty Deed $345,000 None Available
Warranty Deed $345,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,080,000 Purchase Money Mortgage
Closed $1,080,000 Purchase Money Mortgage
Closed $276,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $948,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $160,000 Commercial
Previous Owner $150,000 New Conventional
Previous Owner $300,000 Unknown
Previous Owner $210,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $1,350,000 -15.4% $538 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $1,595,000 +34.6% $636 / Sq Ft
03/17/2021 03/17/21 Sold $1,185,000 -15.3% $357 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $1,399,000 -- $421 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,168 $800,000 $75,000 $725,000
2023 $5,168 $800,000 $75,000 $725,000
2022 $5,056 $800,000 $75,000 $725,000
2021 $5,078 $623,800 $41,600 $582,200
2020 $4,990 $623,800 $41,600 $582,200
2019 $4,990 $623,800 $41,600 $582,200
2018 $4,934 $623,800 $41,600 $582,200
2017 $4,728 $623,800 $41,600 $582,200
2016 $5,064 $626,000 $43,400 $582,600
2015 $5,052 $626,000 $43,400 $582,600
2014 $4,858 $626,000 $43,400 $582,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1479187

Maine Listings

APN: 007-026